REFILE-<a href="https://laohu8.com/S/NBIS">Nebius</a> signs $17.4 billion AI infrastructure deal with Microsoft Removes extraneous word in headline
Sept 8 (Reuters) - Nebius Group NBIS.O said on Monday it will provide Microsoft MSFT.O with GPU infrastructure capacity, in a deal worth $17.4 billion, over a five-year term.
Shares of AI infrastructure firm Nebius rose 33% after the bell.
The demand for data centers has surged as businesses are locked in a race to develop more sophisticated generative AI technology.
(Reporting by Juby Babu in Mexico City; Editing by Alan Barona)
((Juby.Babu@thomsonreuters.com))
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